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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Central Bank: Al-Riyada Bank for Financing Small Projects to Launch Its Services Soon

    Rocky
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    • Post n°1

    Central Bank: Al-Riyada Bank for Financing Small Projects to Launch Its Services Soon Empty Central Bank: Al-Riyada Bank for Financing Small Projects to Launch Its Services Soon

    Post by Rocky Mon 14 Oct 2024, 6:49 am

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    [size=52]Central Bank: Al-Riyada Bank for Financing Small Projects to Launch Its Services Soon[/size]
    • Today 13:40




     
    Information/Baghdad…
    The Central Bank of Iraq confirmed today, Monday, that Al-Riyada Bank for Financing Small Projects will launch its services soon.
    A statement by the bank received by Al-Maalouma Agency stated that "the Governor of the Central Bank, Ali Mohsen Al-Alaq, received the Ambassador of the Federal Republic of Germany to Iraq, Christiane Homann, to discuss banking relations and enhance the financial inclusion plan in Iraq and the importance of digital transformation, in addition to providing full support to Al-Riyada Bank for financing small projects, which will launch its services soon."
    He stressed that "there is a great desire among citizens to use electronic cards, which enhances electronic payment in Iraq," noting that "the Central Bank has taken many steps in this direction in coordination with the relevant authorities."
    He explained that "Riyada Bank will provide its services to an important segment of customers, as it aims to provide support to emerging small and medium enterprises, as it will be a bank different from other banks through its unconventional products that will contribute to creating job opportunities for various social groups in society."
    He pointed out that "Muthraf Al-Riyada opens new horizons in a stable investment environment, noting that there will be representative offices in most Iraqi banks to facilitate customers' access to it and benefit from its services."
    He explained that "the meeting reviewed the plan to reform the government and private banking sector with direct support from the Prime Minister to achieve a stable, secure and efficient sector."
    For her part, the German ambassador expressed her country's "readiness to provide advice and technical support for such important projects that support the common goal of diversifying the Iraqi economy." End/25
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